Thursday, June 1, 2023 | Back issues
Courthouse News Service Courthouse News Service

Safeway-Albertson’s|Merger & Sale Challenged

OAKLAND, Calif. - Safeway and Albertson's will merge and sell themselves too cheaply through an unfair process to Cerberus Capital, in a $7.5 billion deal that values Safeway shares at only $32.50, shareholders claim in Alameda County Court.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading...